Quanta Services, Inc. (PWR) Financial Statements
Quanta Services financial statements at a glance
Quanta Services reported revenue of $28.48 billion for fiscal year 2025 (ended December 31, 2025), up 20.3% from fiscal year 2024. Net income was $1.03 billion, a net margin of 3.6%.
At the end of fiscal year 2025 it had total assets of $24.93 billion, total liabilities of $15.90 billion and shareholders' equity of $8.94 billion, with cash and short-term investments of $439.51 million and total debt of $6.42 billion.
Its operations brought in $2.23 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Quanta Services, Inc.
Income Statement
Annual • USD
Quanta Services key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $28.5B | $23.7B | $20.9B | $17.1B | $13.0B |
| Gross profit | $4.3B | $3.5B | $2.9B | $2.5B | $2.0B |
| Operating income | $1.6B | $1.3B | $1.1B | $872.1M | $631.9M |
| Net income | $1.0B | $904.8M | $744.7M | $491.2M | $486.0M |
| Diluted EPS | – | – | – | – | $3.34 |
| Total assets | $24.9B | $18.7B | $16.2B | $13.5B | $12.9B |
| Total liabilities | $15.9B | $11.4B | $10.0B | $8.1B | $7.7B |
| Shareholders' equity | $8.9B | $7.3B | $6.3B | $5.4B | $5.1B |
| Cash and short-term investments | $439.5M | $742.0M | – | – | – |
| Total debt | $6.4B | $4.5B | $4.2B | $3.7B | $3.8B |
| Operating cash flow | $2.2B | $2.1B | $1.6B | $1.1B | $582.4M |
| Capital spending | – | – | – | – | $385.9M |
| Free cash flow | – | – | – | – | $196.5M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Quanta Services's revenue in fiscal year 2025?
$28.48 billion, up 20.3% from $23.67 billion in fiscal year 2024.
How much profit does Quanta Services make?
Quanta Services reported net income of $1.03 billion for fiscal year 2025 (3.6% of revenue); operating income was $1.61 billion.
How much cash and debt does Quanta Services have?
At the end of fiscal year 2025: cash and short-term investments of $439.51 million and total debt of $6.42 billion.
